socalTECH

MAY 30, 2018

Santa Monica-based electric scooter service Bird is looking to raise $150M more in new funding, according to a report , which values the company at more than $1 billion. The report, from Bloomberg, cites "people familiar with the matter", saying that the round is expected to be led by Sequoia Capital.

Report 100

Report Santa Monica Funding Competition 100

socalTECH

APRIL 15, 2020

Los Angeles-based mobile streaming video startup Quibi will not be launching a series about Venice, Californi-based Snapchat , according to a report from Variety. Quibi raised a huge, $350M funding round back in January for the streaming service. Variety did not say why Quibi decided to drop its plans for the series.

Snapchat 113

Snapchat Report Venice Los Angeles 113

TechEmpower

JULY 24, 2023

How are you funding this? What level of funding do you currently have? For customer service? Does it tap into geolocation services provided by the browser or rely on a third-party lookup table? What about reporting and moderation? What metrics will you need for future funding rounds or operations?

Develop 520

Develop Development Technical Review SEO 520

socalTECH

APRIL 11, 2018

Seed stage investments in Los Angeles area startups was up, year-to-year, according to the Q1 2018 LA Seed Deal Report from investor Amplify LA. According to the report from Amplify, 23 LA startups raised a total of $52.9M in seed funding in Q1, which was up 2.5 percent from Q1 of 2017. READ MORE>>.

Seed Funding 147

Seed Funding Funding Entertainment Report 147

socalTECH

JULY 11, 2019

Despite public pronouncements about big expansion plans today , Santa Monica-based on-demand scooter startup Bird is reportedly burning through cash, and is now seeking $300M more in funding, according to a report published on Thursday.

Report 113

Report Santa Monica Demand Funding 113

socalTECH

MAY 14, 2019

Santa Barbara-based Curtail , a new cybersecurity startup which recently landed $3.25M in funding, said this morning that it has named two VPs. Curtail recently raised $3.25M in a seed funding round from Tarus Capital. READ MORE>>.

Funding 133

Funding Chief Technology Officer Santa Barbara Seed Funding 133

socalTECH

JUNE 7, 2013

Venice-based photo messaging service Snapchat is reportedly raising $100M in funding, at a valuation of half a billion dollars, according to a report Friday. Snapchat--which operates a mobile photo messaging service which is very popular with the teenage set--is backed by Benchmark Capital, and had previously raised $12.5M

Snapchat 187

Snapchat Report Southern California Venice 187

socalTECH

NOVEMBER 14, 2017

Los Angeles-based Fullscreen Media says it is shutting down its video on demand service , and instead putting its resources into its other efforts, after a two year run. According to reports, about 25 employees are being laid off as a result of the shutdown of the service, which had offered up access to subscription content for $6 a month.

Demand 113

Demand Media Services Resource 113

socalTECH

AUGUST 21, 2019

Santa Monica-based Tala , the fintech startup led by CEO Shivani Siroya, has raised $110M more in a Series D funding round, the company said this morning. The funding was led by RPS Ventures, and also included GGV Capital, IVP, Revolution Growth, Lowercase Capital, Data Collective VC, ThomVest Ventures, and PayPal.

Funding 113

Funding Santa Monica Venture Capital Mobile 113

socalTECH

FEBRUARY 20, 2013

Santa Monica-based ParkMe , the startup which is developing parking information services and apps, reported today that it has entered into a partnership with ABM Parking Services, and will launch and power ABM's mobile app. ParkMe just announced a new funding round in January. with over $4 billion in revenues.

Services 185

Services Santa Monica Mobile Report 185

socalTECH

DECEMBER 4, 2018

Ridesharing giant Uber is considering a major deal to buy either Santa Monica-based on-demand scooter rental service Bird , or possibly, Bird's key rival, Lime , according to a report. READ MORE>>.

Report 113

Report Santa Monica Demand Capital 113

socalTECH

OCTOBER 10, 2018

A new report, from Los Angeles startup investor Amplify LA , says that Los Angeles seed investment deals in Q3 were for the most part steady, with a total of $59.4M Amplify LA said it found that software-as-a-service (SaaS) was the most funded sector, with a decline in investments in such areas as e-commerce and mobile technology.

Report 133

Report SaaS Los Angeles Commerce 133

socalTECH

APRIL 22, 2013

Los Angeles-based AECOM Technology , which provides professional, technical, and other support services to companies, reported that it has created a new $150M investment fund. AECOM said the new fund, AECOM Global FUnd I, L.P., aecom investment fund services infrastructure' READ MORE>>.

Invest 147

Invest Funding Los Angeles Report 147

TechCrunch LA

MARCH 16, 2021

Squarespace has raised $300 million in a round of funding that values the company at a staggering $10 billion valuation. New backers include Dragoneer, Tiger Global, D1 Capital Partners, Fidelity Management & Research Company, funds and accounts advised by T. Rowe Price Associates, Inc. and Spruce House.

SEM 340

SEM Commerce Los Angeles Funding 340

TechCrunch LA

MARCH 13, 2020

The new bill will offer paid sick leave, stronger unemployment benefits, free virus testing and more money for food assistance and Medicaid and was approved only after 13 phone calls between the House Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin, according to a report in The New York Times. billion emergency funding package.”

Funding 145

Funding Los Angeles Resource Report 145

socalTECH

OCTOBER 4, 2018

Los Angeles-based ZipRecruiter , the online jobs site led by Ian Siegel, has raised $156M in a Series B funding round, the company said on Thursday morning. The funding was led by Wellington Management Company, and also included IVP and other, un-named investors.

Services 124

Services Los Angeles Report Sites 124

Startup Professionals Musings

NOVEMBER 7, 2021

Some aspiring entrepreneurs are so desperate for funding, or naïve, that they ignore the obvious signs of scams and rip-offs on the Internet, praying for a windfall. Phantom fund investors. The close will never happen, but you will be stuck with large services fees. Work at home to fund your startup.

Technical Review 148

Technical Review Tips Funding Startup 148

socalTECH

MARCH 12, 2014

Santa Monica-based Beats Music , the subscription-based, music streaming service, has raised between $60M to $100M in new, equity financing, according to reports. Bloomberg, citing three people with knowledge of the deal, said that the funding is part of an effort to challenge Spotify for exclusive music rights. READ MORE>>.

Funding 170

Funding Santa Monica Equity Report 170

Startup Professionals Musings

APRIL 23, 2023

After you have heard a few startup success stories, like Google, Facebook, and Microsoft, you may be tempted to invest some money yourself, maybe by pooling your funds with other investors who claim to have a great track record. Every reputable investment firm is registered with FINRA and files regular reports with the SEC.

Startup 92

Startup Funding Offshore Invest 92

socalTECH

AUGUST 26, 2015

Los Angeles-based HelloTech , the in-home, information technology support service led by Richard Wolpert, is close to closing a $10M, Series A funding round, according to reports. The funding is reportedly led by Madrona Venture Group. READ MORE>>.

Report 100

Report Los Angeles Activity Funding 100

socalTECH

NOVEMBER 16, 2017

Los Angeles-based J2 Global --via its publishing arm, Ziff Davis , is getting set to acquire online tech publication Mashable , in a deal worth around $50M, according to a report on Thursday afternoon from the Wall Street Journal. Neither J2 Global nor Mashable have yet announced the deal. J2 Global acquired Ziff Davis back in 2012.

Report 133

Report Journal Entertainment Los Angeles 133

socalTECH

MARCH 6, 2013

CapLinked , the Los Angeles-based developer of enterprise software for managing M&A transactions, venture deals, and other business deals, is aiming squarely at legacy, virtual data room services with its latest updates. CapLinked is headed by Eric M. READ MORE>>.

Services 218

Services Venture Capital Equity Los Angeles 218

socalTECH

OCTOBER 23, 2012

San Diego-based Independa , the provider of technology which helps to connect and remotely monitor seniors, to help them live independently longer, has raised $1M in an angel funding round. The funding was first publicly disclosed in a regulatory filing last week. According to reports , angels were the source of the new funding.

Angel 187

Angel Funding Miramar San Diego 187

TechCrunch LA

APRIL 12, 2019

With a new chief executive officer and $4 million in fresh funding from investors including the Los Angeles-based investment firm, Upfront Ventures, Territory Foods is poised for growth. The distributed workforce of gig chefs allows the company greater flexibility in planning, preparing, and distributing its meals, according to Coleman.

Services 133

Services Los Angeles Funding Commerce 133

Tech.Co

MAY 16, 2024

In addition to the regular pressures of running a business in this climate, Black business owners have to contend with discriminatory lending practices from banking institutions and racial prejudices from buyers – with a recent report revealing that 76% of Black business owners claim they’ve experienced racism from a customer.

Design 225

Design Commerce Entrepreneur News 225

L.A. Business Journal

JUNE 26, 2018

Los Angeles raised more than $100 million, beating Boston in total mega financing rounds, according to a recent report from CB Information Services Inc.

Los Angeles 140

Los Angeles Angel Funding Report 140

socalTECH

OCTOBER 25, 2013

Los Angeles-based mobile app developer Snapchat is in the midst of a new funding round, which values the company at more than $3.6 billion, according to a report Friday. AllThingsD reports that the firm--which just raised $60M in June --is looking for more money, upping its valuation from $800M to $3.6 READ MORE>>.

Snapchat 171

Snapchat Southern California Funding Venture Capital 171

socalTECH

APRIL 20, 2012

San Diego-based Chumby , which had developed Internet-connected, alarm-clock like devices and similar technology, has shut down, according to a report Friday. The firm had raised on the order of $25M in funding for its efforts. READ MORE>>.

Report 157

Report Avalon San Diego News 157

socalTECH

JANUARY 15, 2013

Ross Levinsohn , the former head of Yahoo and Fox Interactive Media, has just been appointed CEO of Guggenheim Digital Media , the parent firm of The Hollywood Reporter, Billboard, Adweek, and other entertainment focused properties. READ MORE>>.

Hollywood 173

Hollywood Report Yahoo Entertainment 173

socalTECH

JANUARY 30, 2013

YouMail , the enhanced voicemail service provider headed by Alex Quilici, has launched a brand new, business oriented premium service, as it reports it also has just passed four million registered users. The firm's new business service also included optional, enhanced service such as voice-to-text translation as an add-on.

Tech Coast Angels 170

Tech Coast Angels Services Advertising Email 170

socalTECH

DECEMBER 21, 2012

for about $200M to help fund program purchases, according to a report this morning from the Wall Street Journal. According to the report, the move comes as Hulu is looking to keep up with the big investments that competitors NetFlix and Amazon are making to obtain and create content for their own video streaming services.

Hulu 157

Hulu Content Netflix Report 157

socalTECH

JULY 1, 2020

Los Angeles-based J2 Global , which operates a variety of Internet information and services businesses, appears to be the target of a short seller, saying late Wednesday night that a short seller has issued "false claims and distortions" about its business. READ MORE>>.

Report 113

Report Research Los Angeles Invest 113

socalTECH

NOVEMBER 2, 2012

Nanoogo , an online service focused on helping encourage creativity in kids, has scored a round of angel funding from the Tech Coast Angels, according to a report today from the group. Nanoogo has been working with K5 Launch, the business accelerator which has been focused on funding companies in Orange County.

Tech Coast Angels 166

Tech Coast Angels Orange County Funding Report 166

socalTECH

JANUARY 15, 2010

San Diego-based Slacker , the personalized Internet radio service backed by Mission Ventures, Austin Ventures, Centennial Ventures, Rho Ventures, and Sevin Rosen Funds, reported Thursday that it has expanded its service into Canada. READ MORE>>.

Services 164

Services Mission Ventures San Diego Web 164

socalTECH

JUNE 13, 2019

The acquisition by Santa Monica-based Bird of fellow on-demand, scooter service operator Scoot Networks , was worth a mere $25M , according to the WSJ. However, the WSJ said "people familiar with the matter" said the deal only was worth $25M, significantly below the $70M valuation of Scoot Networks as of its last funding round.

Santa Monica 113

Santa Monica Report Demand Acquisition 113

TechCrunch LA

JUNE 10, 2021

Just over three months after its last funding round, European fintech giant Klarna is announcing today that it has raised another $639 million at a staggering post-money valuation of $45.6 To put that into context; Affirm’s financial report in May projected it would process $8.04 The new valuation represents a 47.3%

Los Angeles 266

Los Angeles Funding CIO Marketing 266

socalTECH

MARCH 10, 2021

Los Angeles-based NuOrder, which provides technology that allows fashion brands and retailers to process and manage orders, has raised $45M in a funding round, the company said this week. The funding was led by Brighton Park Capital and Imaginary Ventures. The company's co-founders are Heath Wells and Olivia Skuza.

Coach 113

Coach Los Angeles Report Funding 113